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American Axle, Dowlais

Hosted on MSN · 1d

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal

Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the companies said on Wednesday.

DBusiness Magazine · 14h

American Axle in Detroit Acquires British Dowlais Group for $1.44B

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN Powder Metallurgy, for approximately $1.44 billion in cash and AAM shares.

Detroit Free Press on MSN · 1d

Detroit's American Axle buys British driveline maker for $1.44 billion

The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock value since.

1d

Why American Axle's $1.44B bid for British rival aims to navigate uncertain future

The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.

17h

Buy Recommendation for Dowlais Group PLC Due to Strategic Acquisition and Asset Valuation

Dowlais Group PLC (DWL – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst ...

2don MSN

FTSE 100 Live 29 January: Index steady as US tech stocks rebound, WH Smith update

GKN Automotive business Dowlais is to be taken over in a deal worth £1.16 billion. The board of the FTSE 250-listed business ...

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